NOT LISTED FOR SALE

5940 Murphy Way Malibu, CA 90265

Estimated Value: $3,972,000 - $8,133,385

2 Beds
1 Bath
1,000 Sq Ft
$5,997/Sq Ft Est. Value

Highlights

  • Ocean View
  • Detached Guest House
  • Double Oven
  • Webster Elementary School Rated A
  • Wood Flooring
  • 2 Car Detached Garage

About This Home

As of May 2017

This private guest house, with gorgeous ocean and mountain views, belongs to a large, newly-built architectural estate. This retreat, located a few hundred yards from paradise cove beach is minutes from Pepperdine University and Cross Creek shops and restaurants. Unique and bright, this 2 bed 1 bath home features a fully equipped open kitchen, high ceilings throughout, a large balcony off the living room and a great outdoor terrace. Two uncovered parking spaces. Rare find. Won't last!! Tenant to purchase renter's insurance.

Last Agent to Rent the Property

Marc Chorin

ZARA Equity Corp. License #01143383 Listed on: 03/04/2017

ZARA Equity Corp.

Last Renter's Agent

Jill Reeder

Compass License #01368477

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2010

Lot Details

  • 2.21 Acre Lot
  • Property is zoned LCA25Y

Property Views

  • Ocean
  • Canyon
  • Mountain

Home Design

  • Entry on the 1st floor
  • Metal Roof

Interior Spaces

  • 1,000 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Living Room
  • Dining Area
  • Wood Flooring
  • Laundry Room

Kitchen

  • Double Oven
  • Gas Cooktop
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Car Detached Garage
  • Side by Side Parking

Additional Features

  • Open Patio
  • Detached Guest House
  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $8,300
  • 12 Month Lease Term
  • Assessor Parcel Number 4467-003-046

Home Details

Home Type

Single Family

Year Built

Built in 2010

Lot Details

0

Rental Info

  • Security Deposit: 8300

Listing Details

  • Property Type: Residential Lease
  • Style: Architectural
  • Single Family Or Apt: Single Family
  • Street Number Display: Yes
  • Complex Name: Private Estate
  • Entry Floor: 1
  • Entry Location: Living Room
  • Lease Terms: 1+Year
  • Living Area: 1000
  • Stories: 1
  • Year Built: 2010
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Hardwood
  • Appliances: Cooktop - Gas, Double Oven, Microwave, Oven
  • Bedrooms: 2
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Eating Areas: Dining Area
  • Laundry: Inside
  • Total Bathrooms: 1.00
  • Equipment: Built-Ins
  • Price Per S Q F T: 4.15

Exterior Features

  • Tennis Court Y/N: No
  • Guest House: Detached
  • Pool: No
  • Roof: Metal
  • Spa Yn: No
  • View: Canyon, Mountains, Ocean
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Detached, Side By Side
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Special Zoning: Coastal Commission
  • Horses: No
  • Assessor Parcel Number: 4467-003-046
  • Geocode Override: No
  • Lot Size Area: 96267

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 31, 2005
Sold by
Najjar Nissim
Bought by
Krawiec Theodore J
Current Estimated Value
$5,996,795

Purchase Details

Closed on
Aug 10, 2004
Sold by
Douglas Mountain Ltd
Bought by
Najjar Nissim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,000
Interest Rate
5.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 7, 1996
Sold by
Landgate Inc
Bought by
Greenberg L

Purchase Details

Closed on
Apr 25, 1996
Sold by
Bogart Peter
Bought by
Landgate Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Krawiec Theodore J $1,550,000 Fidelity National Title Co
Najjar Nissim -- Stewart Title Company
Greenberg L -- --
Landgate Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Najjar Nissim $258,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/06/2017 05/06/17 Rented $4,150 0.0% --
03/04/2017 03/04/17 For Rent $4,150 +3.9% --
12/15/2015 12/15/15 Rented $3,995 0.0% --
09/05/2015 09/05/15 For Rent $3,995 +9.5% --
02/15/2013 02/15/13 Rented $3,650 0.0% --
02/01/2013 02/01/13 Under Contract -- -- --
01/07/2013 01/07/13 For Rent $3,650 -- --
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $41,703 $3,581,456 $2,118,203 $1,463,253
2024 $41,703 $3,511,232 $2,076,670 $1,434,562
2023 $40,346 $3,442,385 $2,035,951 $1,406,434
2022 $39,925 $3,374,888 $1,996,031 $1,378,857
2021 $39,073 $3,308,715 $1,956,894 $1,351,821
2020 $39,210 $3,274,789 $1,936,829 $1,337,960
2019 $38,746 $3,210,578 $1,898,852 $1,311,726
2018 $36,600 $3,147,626 $1,861,620 $1,286,006
2016 $35,223 $3,025,402 $1,789,332 $1,236,070
2015 $34,753 $2,979,959 $1,762,455 $1,217,504
2014 $34,277 $2,921,586 $1,727,931 $1,193,655
Source: Public Records

Agents Affiliated with this Home

  • Marc Chorin

    Landlord's Agent in 2017

    Marc Chorin

    ZARA Equity Corp.

    (424) 777-9040

    17 Total Sales

    Marc Chorin
    Section Image
  • Jill Reeder

    Tenant's Agent in 2017

    Jill Reeder

    Compass

    (310) 924-9311

    22 Total Sales

    Jill Reeder
    Section Image
  • Sean Landon

    Buyer's Agent in 2015

    Sean Landon

    Douglas Elliman

    (310) 926-4028

    14 Total Sales

    Sean Landon
    Section Image
  • Mark S. Gruskin

    Buyer's Agent in 2013

    Mark S. Gruskin

    Westside Estate Agency-Malibu

    (310) 317-8202

    25 Total Sales

    Mark S. Gruskin
    Section Image
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Map

Source: The MLS

MLS Number: 17-208790

The MLS

APN: 4467-003-046

California Los Angeles County Malibu 90265

5940 Murphy Way, Malibu, CA

Not Listed for Sale

Detached

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